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vagabundo [1.1K]
3 years ago
13

F a taxpayer offers you a $20 bill because they were so happy about the quality service they received, what would be the appropr

iate action to take?
a. take the $20 and thank the taxpayer for the tip.
b. tell the taxpayer it would be better to have the $20 deposited directly into your bank account from his refund.
c. thank the taxpayer, and explain that you cannot accept any payment for your services.
d. refer the taxpayer to the tip jar located on the quality review and print station.
Business
2 answers:
BlackZzzverrR [31]3 years ago
6 0
The appropriate action would be: C. <span>Thank the taxpayer, and explain that you cannot accept any payment for your services.
Government workers couldn't receive cash payment in any kind unless there is a necessary administrative purpose. 
They could on the other hand, receives Gifts that held the value less than $ 20</span>
tatiyna3 years ago
3 0
<span>I would refer the taxpayer to the tip jar on the print and review station. Usually it is against company policy to accept tips directly outside of the food and hospitality industry. Since I am a paid employee and there is a tip jar available this seems to be the correct decision to make.</span>
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Superior Construction Co. was contracted to plaster all the buildings of a historical preservation project for $2,500,000 over t
Cerrena [4.2K]

Answer:

Gross Profit in Year 1 = $200000

so correct option is B. $200,000

Explanation:

given data

historical preservation project = $2,500,000

time = 2 year

estimated costs = $2,000,000

Actual costs Years 1 = $800,000

Actual costs Years 2 = $900,000

to find out

what amount of gross profit would Superior report in Year 1

solution

we find here first Percentage Completion that is express as

Percentage Completion = Cost to date ÷  Estimated Total Cost  .............1

put her value we get

Percentage Completion = \frac{800000}{2000000}

Percentage Completion  = 40%

and

Revenue Recognized will be here

Revenue Recognized = Percentage Completion  × Total estimated Revenue   ...............2

Revenue Recognized = 40 % × 25000000

Revenue Recognized = 1000,0000

so here Gross Profit in Year 1  will be  

Gross Profit in Year 1 = Revenue Recognized - Cost to date of year 1   ..............3

Gross Profit in Year 1 =   1000,0000 - v800000

Gross Profit in Year 1 = $200000

so correct option is B. $200,000

3 0
3 years ago
15 points!
nordsb [41]

Answer:

rent

Explanation:

The rent expense will be difficult to revise. Usually, the rent amount is contained in a tenancy agreement signed by both the landlord and the tenant. The rent amount does not change until the lease or tenancy agreement expires. Changing the rent amount would require the landlord's consent.

Due to the above reasons, rent is classified as a fixed cost. It remains constant in the short run.

5 0
2 years ago
Read 2 more answers
A company's chart of accounts is: a detailed list of the accounts that make up the five financial statement elements. the set of
polet [3.4K]

Answer:

A detailed list of the accounts that make up the five financial statement elements.

Explanation:

The company's chart of accounts is the listing of all the accounts that the company has included as part of the five financial statement elements during a specific period of time.

The five financial statement elements are: assets, liabilities, equity (part of the balance sheet), expenses and revenues (part of the income statement).

Examples of accounts that can be part of a firm's chart of accounts are: land (asset), cash (asset), notes payable (liabilities), outstanding stock (equity), operating expenses (expenses), and sales revenue (revenues).

The chart of accounts can differ greatly from company to company simply because companies engage in vastly different economic activities.

8 0
3 years ago
Harvest master, a maker of farm equipment based in nebraska, is planning to send a u.s. marketing manager to lead a product laun
joja [24]

<span>The options attached to the question above are given below:</span>

<span>A. </span>The culture of the host country is likely to be much more individualistic than U.S. culture is.

 B. The manager will have greater difficulty finding educated workers in the host country than in the United States.

 C. The manager may not be familiar with the host country’s language.

D. The host country will likely tax a larger percentage of the manager’s income than the United States would.

E. The host country will likely have few protections for its workers.

ANSWER

The correct option is D.

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3 years ago
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VashaNatasha [74]

Answer:

false. it deals with ecomonics as a whole. it's in the name dude

6 0
2 years ago
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